Clover Health Investments, CorpClose $4.38EOD only
Max Pain
$4.50
Next expiry Oct 9, 2026
Expected Move
±$0.38
8.6% from close
Price Gap
+0.12
Distance to max pain
IV Rank
18
Low premium
P/C OI
0.32
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects CLOV options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — CLOV
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $4.50 (0.12 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.50
Nearest expiry
Expected Move
±$0.38
±8.6%
Days to Expiry
7
Calendar days
Total Call OI
6,874
Nearest expiry
Total Put OI
7,812
Nearest expiry
P/C OI Ratio
1.14
Put-heavy
Spot Price
$4.38
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$4.50
9/25/2026, 11:07:58 PM
2026-10-02Updated
$4.50
10/2/2026, 11:07:31 PM
2026-10-09Next
$4.50
10/2/2026, 11:07:31 PM
2026-10-16
$4.50
10/2/2026, 11:07:31 PM
2026-10-23
$4.50
10/2/2026, 11:07:31 PM
2026-10-30
$4.50
10/2/2026, 11:07:31 PM
2026-11-06
$1.00
10/2/2026, 11:07:31 PM
2026-11-20
$4.00
10/2/2026, 11:07:31 PM
2027-01-15
$3.00
10/2/2026, 11:07:31 PM
2027-02-19
$4.00
10/2/2026, 11:07:31 PM
2027-05-21
$4.00
10/2/2026, 11:07:31 PM
Selected expiration: 2026-10-09 at max pain $4.50.
CLOV pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
2808500
2808500
1
18750
2417900
2436650
1.5
39300
2027300
2066600
2
65200
1636700
1701900
2.5
92200
1246150
1338350
3
119300
855600
974900
3.5
146550
465100
611650
4
174150
118600
292750
4.5
204400
7100
211500
5
292450
2700
295150
5.5
546850
500
547350
6
851100
150
851250
6.5
1194050
50
1194100
7
1537650
0
1537650
7.5
1881350
0
1881350
8
2225050
0
2225050
8.5
2568750
0
2568750
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.